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Abdallah is a 47-years-old father of four. He owns and works in a barbershop from which he is supports his family. Being the only income they have, Abdallah decided to work on improving the barbershop's internal decoration so he can add more seats and include other services in the future. For that purpose, he has applied for this loan.

Additional Information

About National Microfinance Bank

Jordan is a small country located in the heart of the Middle East’s Levant region. Regional instability has caused Jordan to be excluded from global investments for decades. Additionally, a lack of natural resources—including water and energy—places tremendous strain on the Jordanian economy, over 80% of which consists of small businesses, largely in the service industry. Despite their importance in the economy, many of these businesses are excluded from the banking sector because of their size. Microfinance institutions like National Microfinance Bank offer them an opportunity to enhance and expand their businesses. NMB also offers its services to other underprivileged peoples in Jordan, providing them with loans to pursue educational goals and improve their homes and livelihoods.

About Jordan

  • $6,100
    Average annual income
  • 33
    View loans »
    Jordan Loans Fundraising
  • $8,031,750
    Funds lent in using Kiva
  • 0.7
    Jordan Dinars (JOD) = $1 USD
A loan of $1,275 helped Abdallah to work on improving the barbershop's internal decoration.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jul 23, 2012
Sep 2, 2012
Currency Exchange Loss:
Oct 2, 2012